CANADIAN PHONE MAKER Blackberry reportedly is considering selling parts of the company to Google, Cisco and SAP, with Intel, LG and Samsung also having expressed interest in the firm.
Blackberry put itself up for sale in August after suffering a series of market misfortunes and plummeting revenue and share value. Significant stockholder Fairfax Financial made a $4.7bn offer for Blackberry last month, and while Blackberry signed a letter of intent for the deal, the firm has said it is open to other offers.
Despite posting a large $935m second quarter loss at the end of September, it seems that Blackberry has caught the eyes of some big technology companies. Reuters reported that Google, Cisco and SAP are in talks with the firm about buying "all, or parts" of the company, with LG, Intel and Samsung also having expressed interest in the struggling firm.
Portions of the business that are of most interest to potential buyers are Blackberry's secure server network and patent portfolio, according to Reuters' unnamed sources.
Unsurprisingly, all of the firms mentioned above have refused to comment on the speculation, so it's still unclear if any of them will make a serious bid for Blackberry. It's also unclear if these are the only firms eying up Blackberry, with previous rumours naming Microsoft, Huawei and Lenovo as potential bidders for the company.
Blackberry hasn't given much away, with the firm having said in a statement, "The special committee, with the assistance of Blackberry's independent financial and legal advisors, is conducting a robust and thorough review of strategic alternatives." µ
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